Xero, an online accounting software company released a next-generation banking model in the Australian market after creating a joint initiative with the Commonwealth Bank’s New Zealand subsidiary, ASB Bank. Xero describes it as a “world-first model for cloud accounting”. The online integration between ASB FastNet...
Perhaps it should come as no surprise, but consumers today are a lot less likely to own a credit card and carry card debt. The Great Recession aside, issuers may have helped spark the change when they cut back on card approvals and credit limits...
ATM and point-of-sale technology company NCR Corp. continued to make strides during the first three months of the year to transition to a software-driven provider of transaction technologies, with software-related revenue jumping 45 percent year over year, including a 242 percent jump in software-as-a-service (SaaS)...
The bank plans to launch the device on Wednesday.
The MasterCard MasterPass has already launched in over 20 countries.
The rules and regulations that protect consumers card have long been at the forefront of news and regulation but small business owners and credit card holders in the US, are second-class citizens. The laws that have benefited consumers and changed the average fees and pricing...
The feature has already been tested at coffee shops in San Francisco and New York.
The additional funding has raised the value of the company to around $15 million.
Target has announced two major initiatives this morning, both with the potential to change the retailer’s immediate future significantly. Bob DeRodes will join the company as executive vice president and chief information officer (CIO). Target also released its plans to incorporate MasterCard’s Chip-and-PIN technology across...
